PropertyInvesting.com | god_of_money | Activity https://www.propertyinvesting.com/members/god_of_money/activity/ Activity feed for god_of_money. Sat, 18 Apr 2026 10:05:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9a9a1d34ee9099ddf515b43e997fee6b god_of_money replied to the topic Know a finance provider ? i want to borrow 90% value but not pay LMI in the forum Finance https://www.propertyinvesting.com/topic/4992213-know-a-finance-provider-i-want-to-borrow-90-value-but-not-pay-lmi/page/2/#post-4993848 Wed, 20 Aug 2014 12:37:27 +0000 http://www.boqspecialist.com.au/doctors-dentists-and-vets/personal-finance/home-loans.html

]]> ba8e525e249c72829daab6827d31e648 god_of_money replied to the topic No tenants ! What to do ? in the forum General Property https://www.propertyinvesting.com/topic/4410913-no-tenants-what-to-do/#post-4700378 Sun, 06 Apr 2014 09:55:48 +0000 Rather than ranting, can u paste the adv link from realestate or domain so that we can give u some feedback?

]]> 82e17446aaeea036f8aae5ab28988a29 god_of_money replied to the topic Accountant in Hunter Region in the forum Help Needed! https://www.propertyinvesting.com/topic/4410517-accountant-in-hunter-region/#post-4698207 Sat, 11 Jan 2014 22:27:40 +0000 http://www.cutcher.com.au

]]> 207b593984580a0877a143c2e7266c13 god_of_money replied to the topic Property in Australia in still VERY cheap in the forum General Property https://www.propertyinvesting.com/topic/4399773-property-in-australia-in-still-very-cheap/page/2/#post-4623495 Wed, 08 Jan 2014 11:37:21 +0000 There is no demand at all  in Japan…. most of their population is suitable for nursing home allocation vs. high growth rate of population in big cities in Australia. Japan is habitably bigger than Australia due to excellent in transportation (i.e. Cityrail/country link vs. Shinkansen) and very low inflation rate or -ve inflation rate.

]]> 41e0c021fb996f573ac235f60d6dca98 god_of_money replied to the topic Property in Australia in still VERY cheap in the forum General Property https://www.propertyinvesting.com/topic/4399773-property-in-australia-in-still-very-cheap/page/2/#post-4623490 Tue, 07 Jan 2014 13:38:17 +0000 I have to resurrect this post again…

>3 years since it was posted, the median price of sydney property has reached all time high….with the auction clearance rate is/was sitting on 75-80%

 The prediction from property experts through  many articles/comments published in APM/Residex/Domain/smh/Keen = FAILED!!! 

So glad I bought one in Sydney…[Read more]

]]> 058ee189cde54354d861a88808657dc1 god_of_money replied to the topic Success Stories in the forum General Property https://www.propertyinvesting.com/topic/4410500-success-stories-3/#post-4698038 Tue, 07 Jan 2014 13:28:06 +0000 I agree with jamie

majority of stories featured in API/YIP are BS and more BS.

]]> c04486b0e11edeca742b20ac7390b7ae god_of_money replied to the topic No deposit, no hope?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410482-no-deposit-no-hope/#post-4697908 Sun, 05 Jan 2014 12:37:23 +0000 Option 4… Investec Bank will lend you 100% LVR with NO LMI

]]> d6e26923ba3cda219e802e18a80d355a god_of_money replied to the topic What is your Interest Rate by Hari Yellina in the forum Finance https://www.propertyinvesting.com/topic/4410436-what-is-your-interest-rate-by-hari-yellina/page/2/#post-4697509 Thu, 02 Jan 2014 07:03:20 +0000 Hi Yellina

It was done/setup through one of the MB in this forum few years ago

My total portfolio value is ~ A$ 2 million with LVR << 40% across 3 properties.

]]> f0e31c7fd1a01c78d405e309b6077183 god_of_money replied to the topic How do we move forward? in the forum Finance https://www.propertyinvesting.com/topic/4410458-how-do-we-move-forward/#post-4697646 Thu, 02 Jan 2014 06:56:18 +0000 Hi Terry

Can you elaborate more about
"they can earn over $20k pa and not pay tax for income received from a testamentary trust"

I thought children < 18 can only earn up to A$416 without paying tax.

]]> e8ea4ffdf708be31997ae0921eeb969a god_of_money replied to the topic Investment dilemma in the forum Help Needed! https://www.propertyinvesting.com/topic/4410476-investment-dilemma/page/2/#post-4697824 Thu, 02 Jan 2014 06:51:00 +0000 OR.. you can apply with Investec Bank product. 100% LVR on residential loan with NO LMI

]]> 829bf2cb6b230d0287512ae9152ceb1a god_of_money replied to the topic First Investment - Old or New? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410473-first-investment-old-or-new/#post-4697787 Tue, 31 Dec 2013 01:39:30 +0000 it will cost you at least A$80 – 150k to build /convert to a granny flat. It is not cheap as so much Building regulation that need to comply

Renting to students has pros and cons. You can google it or search in this forum

I will stay away from renting each room to students. You also need to account for electricity (killer during winter) and…[Read more]

]]> 06e095325288823b3a38c20c03e4240f god_of_money replied to the topic What is your Interest Rate by Hari Yellina in the forum Finance https://www.propertyinvesting.com/topic/4410436-what-is-your-interest-rate-by-hari-yellina/page/2/#post-4697503 Sat, 21 Dec 2013 12:47:46 +0000 Mine is 4.88% with ANZ Breakfree package

]]> fabd54b32e82656f3059ac2507bd697a god_of_money replied to the topic Transfer ownership of place of residence in the forum Help Needed! https://www.propertyinvesting.com/topic/4410410-transfer-ownership-of-place-of-residence/#post-4697305 Sun, 15 Dec 2013 09:57:04 +0000 Squiresy… it is a "scam"…however, steve did retract the statement later on

]]> c78241913106d88130abca543dd503d3 god_of_money replied to the topic Transfer ownership of place of residence in the forum Help Needed! https://www.propertyinvesting.com/topic/4410410-transfer-ownership-of-place-of-residence/#post-4697303 Sun, 15 Dec 2013 09:51:37 +0000 Terry, 
Correct me if I am wrong.

I thought that you can transfer 50% to your partner/spouse free if stamp duty in NSW as long as it is intended to use it as PPOR

]]> c8e0882c1ab5cf3778351dae89c4bda8 god_of_money replied to the topic Commonwealth Games Investing in the forum Creative Investing https://www.propertyinvesting.com/topic/4410288-commonwealth-games-investing/#post-4696420 Wed, 20 Nov 2013 09:10:56 +0000 The GC market has partially rebounded.

The parklands will be transformed to commercial/residential (will be used for athletes to stay for Commonwealth games) precincts in the future. The new hospital has been built and new private hospital will be built soon with new light rail.

My neighbor has listed his property (4+2+2) for >800k ; where I…[Read more]

]]> e939723859482306773962f4537ee39c god_of_money replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/forums/topic/property-bust-not-here-yet-worse-to-come/page/73/#post-4549519 Fri, 26 Jul 2013 10:04:09 +0000 Simple, rather than your own observation, can you provide with more evidence based statistics from reliable source

Sydney house prices reach all time high

]]> f440385872872f41ee59574435a742c4 god_of_money replied to the topic help! want to become a property but don't know where to start? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409532-help-want-to-become-a-property-but-dont-know-where-to-start/#post-4692214 Sat, 15 Jun 2013 00:38:07 +0000 Ahhh i cannot resist.  "help! want to become a property 'tycoon' but don't know where to start?"

]]> f6670f4e4b547156e7213d4331bc1100 god_of_money replied to the topic Gold Coast in the forum Help Needed! https://www.propertyinvesting.com/topic/4409480-gold-coast-6/#post-4691883 Thu, 06 Jun 2013 02:31:13 +0000 I moved from Sydney recently to take up the job at Gold Coast University Hospital.
I am glad that I am able to buy a waterfront house with the fraction of cost in comparison to sydney.
5bed+3bath+4garage+2 level for ~A$ 720k waterfront house. I dont think you can get such a property in sydney.

The whole parklands are going to be transformed to…[Read more]

]]> e5826605583cad2011d6e4fd15520f9f god_of_money replied to the topic Banks offering no LMI payment in the forum Finance https://www.propertyinvesting.com/topic/4409426-banks-offering-no-lmi-payment/#post-4691287 Mon, 27 May 2013 11:35:34 +0000 Investec Bank…they waived the LMI for medical profession

]]> d4632ee5ad4ac7985473d6b546ba8717 god_of_money replied to the topic Banks offering no LMI payment in the forum Finance https://www.propertyinvesting.com/topic/4409426-banks-offering-no-lmi-payment/#post-4691284 Mon, 27 May 2013 09:20:56 +0000 This is the link to Investec Bank for purchasing property >80% LVR without LMI

http://www.investec.com.au/professional-practices/medical-and-dental/personal-banking/home-loans.html

]]> b3dc241668e1262f91f8720c0691b630 god_of_money replied to the topic nearly paid off loan, now what? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409418-nearly-paid-off-loan-now-what/#post-4691217 Sun, 26 May 2013 09:37:14 +0000 Qlds007 wrote:
Yes my sentiments exactly about Bank West.

Would normally never suggest a client refinance for refinance sake except where they are with bank West and maybe a couple of other lenders.

Why you said that? Bank West offers an attractive package with offset account…flexibility?

]]> 1e68d4614c5e3b6448de5beab4ed6cf8 god_of_money replied to the topic nearly paid off loan, now what? in the forum I dont understand why you https://www.propertyinvesting.com/topic/4409418-nearly-paid-off-loan-now-what/#post-4691214 Sun, 26 May 2013 09:01:01 +0000 I dont understand why you dont park all the money in your offset account from the begining

]]> f4c457571ce01cc852c35926531e3aab god_of_money replied to the topic 4.99% Fixed for 2 years - to fix or not to fix in the forum Finance https://www.propertyinvesting.com/topic/4409378-4-99-fixed-for-2-years-to-fix-or-not-to-fix/#post-4690904 Tue, 21 May 2013 04:38:16 +0000 ANZ is offering 4.99% fixed rates for 3 years through Breakfree package

]]> 939234c3d853468042f8ac8a636659c3 god_of_money replied to the topic Structuring property portfolio in the forum Help Needed! https://www.propertyinvesting.com/topic/4409187-structuring-property-portfolio/#post-4689799 Sat, 11 May 2013 10:21:40 +0000 Hi Terry

are u talking about purchasing property under DFT and can be transferred to SMSF in the future without stamp duty?

Very interesting concept

]]> 1c9b3a3deb6d1641a335b76409eb92c4 god_of_money replied to the topic Interest rate reductions- Some issues in the forum General Property https://www.propertyinvesting.com/topic/4409332-interest-rate-reductions-some-issues/#post-4690636 Sat, 11 May 2013 09:02:33 +0000 I am very happy with the low interest…. all my IPs are cash flow +ve
Accumulating Blue chip shares from 2009-2010, now sitting 10+% fully frank dividend and growing

So.. Nigel.. your point is ???????

]]> 7acd3c41010479c808a04a1a0a3fac79 god_of_money replied to the topic RBA drops rates by 25 points in the forum Heads Up! https://www.propertyinvesting.com/topic/4409301-rba-drops-rates-by-25-points/#post-4690435 Fri, 10 May 2013 04:21:30 +0000 ANZ outdoes rivals with deeper rate cut by 0.27%
GO GO GO Breakfree package

http://www.smh.com.au/business/anz-outdoes-rivals-with-deeper-rate-cut-20130510-2jbwi.html

]]> 424296a1e3d0cde53a2ef8e43b7c43fb god_of_money replied to the topic RBA drops rates by 25 points in the forum Heads Up! https://www.propertyinvesting.com/topic/4409301-rba-drops-rates-by-25-points/#post-4690434 Tue, 07 May 2013 07:58:58 +0000 I hope not…
people are stashing $$$$ into the term deposit and high interest savings account… Time for another cycle of investment

]]> 772b1f34bf9b1539ba082cb1fe35c409 god_of_money replied to the topic RBA drops rates by 25 points in the forum Heads Up! https://www.propertyinvesting.com/topic/4409301-rba-drops-rates-by-25-points/#post-4690432 Tue, 07 May 2013 07:53:21 +0000 Soros just made $$$$ by hedging against AUD yesterday

]]> 977cd7eaf26762817972be605d055346 god_of_money replied to the topic Should i use the offset account? in the forum Finance https://www.propertyinvesting.com/topic/4409168-should-i-use-the-offset-account/page/2/#post-4689711 Mon, 06 May 2013 23:00:36 +0000 monthly… ANZ Breakfree package comes with only 1x ANZ ONE offset account

]]> 81e6f99364f428fe839f864f44ffccd4 god_of_money replied to the topic Should i use the offset account? in the forum Finance https://www.propertyinvesting.com/topic/4409168-should-i-use-the-offset-account/page/2/#post-4689709 Sun, 05 May 2013 06:06:56 +0000 CBA will come into full functional "offset"  account in August.. 

CBA is the leading lender in Australia… not sure why so many people choose CBA?

I am with ANZ Breakfree.. and they charge me A$ 10/month for > 1 offset account

]]> ba22ef6e3f928d352d1e741c05d6f327 god_of_money replied to the topic SMSF DHA - About to plunge... in the forum Help Needed! https://www.propertyinvesting.com/topic/4409281-smsf-dha-about-to-plunge/#post-4690345 Sun, 05 May 2013 06:02:30 +0000 Richard, do you know why DHA property is below valuation?
I thought that the location is on the prime position

]]> 66f40ce8cba865b90c6d89ea2376773e god_of_money replied to the topic Mortgage free investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4409263-mortgage-free-investment-property/#post-4690264 Sun, 05 May 2013 06:01:39 +0000 In NSW, you can transfer the title under marriage/spouse section from single name to both names (50/50) without incurring stamp duty;
But the purpose of the transfer is for main residence only

I am not sure about IP.. probably not

]]> 80337d562014a4232b83a34e4636af31 god_of_money replied to the topic offset question in the forum Help Needed! https://www.propertyinvesting.com/topic/4409277-offset-question/#post-4690333 Sat, 04 May 2013 10:36:00 +0000 Yes. need to be "exactly" the same name…Not even joint account

]]> 4ff2c1209862234a64185f7c80f98649 god_of_money replied to the topic Loan Comparison in the forum Finance https://www.propertyinvesting.com/topic/4409065-loan-comparison/page/2/#post-4689037 Sun, 28 Apr 2013 05:54:27 +0000 Does anyone know how much my broker will earn if the disc rate is 1% off the breakfree package?

Interesting to know….

]]> 55466ba000e63b831c603b2ab08bc15e god_of_money replied to the topic Loan Comparison in the forum Finance https://www.propertyinvesting.com/topic/4409065-loan-comparison/page/2/#post-4689035 Sat, 27 Apr 2013 10:34:38 +0000 My current LVR is 40% ( 680k loan against security value of 1750k) spread across 3 properties.

I am not sure why my mortgage broker recommended  ANZ bank despite poor serviceability and
difficult in accessing the future equitywink cheeky

]]> 905dcbde142b54b9a89da3078abc52c0 god_of_money replied to the topic How to protect PPOR from renting defacto in case of break up ? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409150-how-to-protect-ppor-from-renting-defacto-in-case-of-break-up/#post-4689544 Tue, 23 Apr 2013 08:40:40 +0000 or not living together before 365 days

]]> 92fc975cdf8a0fb54ca37b774c2dabae god_of_money replied to the topic Park trent properties group in the forum Help Needed! https://www.propertyinvesting.com/topic/4393273-park-trent-properties-group/page/6/#post-4587819 Sat, 20 Apr 2013 09:55:48 +0000 Any update about Park Trent?
Does anyone know about the outcome of court proceedings?

http://www.couriermail.com.au/realestate/office-of-fair-trading-trims-charges-against-cross-country-realty-and-its-principals-ron-cross-and-kellie-cross/story-e6frequ6-1225904845034

]]> e195b0d3b72b4da79835d0489ebdbe8c god_of_money replied to the topic Loan Comparison in the forum Finance https://www.propertyinvesting.com/topic/4409065-loan-comparison/page/2/#post-4689031 Wed, 17 Apr 2013 10:38:20 +0000 I have spoken to their "pricing team" and being told the MAX they will give for "new customer" is 0.96% disc
They might offer 1.05-1.1% ~2-3 years ago depending on the LVR/application/amount etc

Anyone would light to shed the lights on current "best" rate for BIG4

]]> cd944babc21daf5d87083f405a9c4f84 god_of_money replied to the topic Loan Comparison in the forum Finance https://www.propertyinvesting.com/topic/4409065-loan-comparison/page/2/#post-4689027 Tue, 16 Apr 2013 12:51:02 +0000 I tried to do "price match" recently with ANZ Mortgage retention team. They are aware of bluffing tactics  (ie. asking payout figure).
My current rate is 5.4 % (1% disc through breakfree package). They declined to drop it further.

]]> 74619361dde680c80a1ef7cc07821a30 god_of_money replied to the topic Unhappy with Valuation - do we change lender? in the forum Finance https://www.propertyinvesting.com/topic/4403464-unhappy-with-valuation-do-we-change-lender/#post-4646718 Tue, 26 Apr 2011 05:04:37 +0000 How much the difference in terms of valuation ? ANZ will give a free valuation…through breakfree packageGet the broker that know about how to do a deal

]]> 076878046474304ea20bee7ecad134fc god_of_money replied to the topic Ready to start again with 200k! in the forum Help Needed! https://www.propertyinvesting.com/topic/4403448-ready-to-start-again-with-200k/#post-4646654 Tue, 26 Apr 2011 00:32:56 +0000 5% on IR for long term is very ambitiousThe average long term is ~ 7% and RBA thinks that 7% is about right in the current climate (mentioned @ SMH last week)

]]> e769fa4973d83a928685e61274d516ce god_of_money replied to the topic Is property investing going to poo in the forum General Property https://www.propertyinvesting.com/topic/4403338-is-property-investing-going-to-poo/#post-4645777 Wed, 13 Apr 2011 12:56:08 +0000 The problem is people who recommended to sell properties have NO property or money to invest or sell.. Talking rubbish only in every forums

]]> 0c29a17f8552541cea9f7328878e6b4b god_of_money replied to the topic Advice in the Bathurst/ Orange area in the forum amy.. using DFT makes some https://www.propertyinvesting.com/topic/4403264-advice-in-the-bathurst-orange-area/page/2/#post-4645307 Thu, 07 Apr 2011 09:08:53 +0000 amy.. using DFT makes some sense to hold the property.I bought the property in Newcastle back in 2006 for A$342k. It was rented ~A$ 320, but I am renting out for A$550/week this year. It means that it is now CASH FLOW  +ve and CASH to GILLARD's pocket.

]]> 7db91bedb07f6a4b0f34be798ef7b013 god_of_money replied to the topic Changing from PPOR to IP - am I on the right track? in the forum I/O only account with Offset https://www.propertyinvesting.com/topic/4403276-changing-from-ppor-to-ip-am-i-on-the-right-track/#post-4645369 Tue, 05 Apr 2011 09:23:21 +0000 I/O only account with Offset

]]> a09b6e01b8c0e8d71d79a1dc616bb25e god_of_money replied to the topic Bankwest Premium Home Loan in the forum Finance https://www.propertyinvesting.com/topic/4403175-bankwest-premium-home-loan/page/3/#post-4644368 Tue, 05 Apr 2011 09:19:57 +0000 Sorry to hijack the postIt is through NAB Broker… Choice package with multiple loans. Not sure how the deal get through…

]]> cbe2ac64af103d5dbf0389209db5e971 god_of_money replied to the topic Is mortgage insurance transferrable? in the forum Finance https://www.propertyinvesting.com/topic/4403269-is-mortgage-insurance-transferrable/#post-4645339 Tue, 05 Apr 2011 09:13:11 +0000 Has anyone refinance because of cash out?Normally it is only cash neutral by NAB up to 1k

]]> 72719da18ac420bffde9d53fccf2b0b1 god_of_money replied to the topic Bankwest Premium Home Loan in the forum Finance https://www.propertyinvesting.com/topic/4403175-bankwest-premium-home-loan/page/2/#post-4644359 Thu, 31 Mar 2011 09:44:51 +0000 My loan size is 750k…. But still competitive… Should complain to bring down

]]> c30e0704255be49cc21158a0570fc456 god_of_money replied to the topic Bankwest Premium Home Loan in the forum Finance https://www.propertyinvesting.com/topic/4403175-bankwest-premium-home-loan/page/2/#post-4644349 Thu, 31 Mar 2011 08:56:59 +0000 Which one? ANZ or NAB

]]> 5925cbcc0f4794a12d851e41f2332e4b god_of_money replied to the topic Bankwest Premium Home Loan in the forum Finance https://www.propertyinvesting.com/topic/4403175-bankwest-premium-home-loan/page/2/#post-4644347 Thu, 31 Mar 2011 08:26:18 +0000 They offered me 0.9% disc … so 6.9%… not too bad but not the lowestI am thinking about going to Choice package with 6.77% (my friend be able to secure it loan ~ 1 million with  65% LVR)

]]> b9c7f5c2d6a1acef826da04d97fe0a40 god_of_money replied to the topic Bankwest Premium Home Loan in the forum Finance https://www.propertyinvesting.com/topic/4403175-bankwest-premium-home-loan/#post-4644344 Wed, 30 Mar 2011 09:31:54 +0000 Get ANZ Breakfree package with interest of 6.9%. It is quite easy to deal…

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